Sakthi Sugars Interview Questions, Process, and Tips

We control stores inventory through regular audits, implementing inventory management software, and setting up reorder points.

• Regular audits to identify discrepancies and ensure accuracy

• Implementing inventory management software to track inventory levels and movement

• Setting up reorder points to ensure timely replenishment

• Monitoring sales trends and adjusting inventory levels accordingly

• Collaborating with suppliers to o

Inventory refers to the goods or materials a business holds for the purpose of resale or production.

• Inventory includes raw materials, work-in-progress, and finished goods.

• It is an important aspect of supply chain management.

• Inventory management involves balancing the costs of holding inventory with the benefits of having enough stock to meet demand.

• Examples of businesses that rely heavily on inventory management includ

Inventory class can be identified based on its usage, demand, and value.

• Analyze the usage frequency of the inventory

• Determine the demand for the inventory

• Evaluate the value of the inventory

• Classify inventory as A, B, or C based on usage, demand, and value

• A - high usage, high demand, high value

• B - moderate usage, moderate demand, moderate value

• C - low usage, low demand, low value

ABC analysis is a technique used to categorize items based on their value or importance.

• ABC analysis divides items into three categories: A, B, and C.

• Category A items are the most important and valuable, while category C items are the least important and valuable.

• The analysis is based on the Pareto principle, which states that 80% of the value comes from 20% of the items.

• Example: A store might use ABC analysis to categ...read more

Quality is the degree of excellence of a product or service that meets or exceeds customer expectations.

• Quality is subjective and varies from person to person

• Quality is not just about meeting specifications, but also about meeting customer needs and expectations

• Quality is a continuous process and requires constant improvement

• Quality is everyone's responsibility, not just the production officer

• Examples of quality includ...read more

The father of sugar cane is considered to be Papirius, a Greek botanist.

• Papirius is credited with discovering sugar cane in India around 327 BC.

• He is also known for introducing sugar cane to the Mediterranean region.

• Sugar cane cultivation and processing techniques were later developed by the Arabs and spread to Europe during the Crusades.